Multiple Choice
Table 3-3
-Refer to Table 3-3.If Europe and the US trade according to the principle of comparative advantage:
A) all individuals in both countries will gain
B) car producers in Europe and aeroplane producers in the US will gain
C) some individuals within each society will be made worse off
D) one country will be better off and the other country will be worse off
Correct Answer:
Verified
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